Evan Rosser in Investor News Article FINRA Expected to Adopt CARDS Despite Vocal Industry Resistance
Evan Rosser, Senior Consultant at Oyster Consulting LLC and former Vice President and Director of Enforcement at FINRA and its predecessor, the National Association of Securities Dealers, was recently quoted in a November 16 Investor News article discussing the likelihood of FINRA adopting CARDS, an automated tracking system to detect abusive broker conduct.
While some in the industry claim FINRA firms are overreacting and the system will enable FINRA to detect abusive activities before they happen—not after, others deride the system as a costly, redundant and overreaching regulatory tool.
To view this article, click here: Investment News, “FINRA Expected to Adopt CARDS Despite Vocal Industry Resistance.
Please contact us to learn more about CARDS and find out how Oyster Consulting can help your firm with its compliance needs.
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